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2217 Jennifer Ln, Marion, IL 62959

3 beds • 2 baths • 1200 sqft

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This property looks like a bad Long-Term investment with a projected -3.45% first-year return on $34,419 initial cash invested.

-3.45%

Cash On Cash

6.12%

Cap Rate

0.97

DSCR

$1,447

Rent

-$99

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$164k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,419

Downpayment

20%

$32,780

Closing costs

1%

$1,639

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,447

Total Expenses

$1,546

Mortgage P&I

60%

$863

Property Taxes

17%

$248

Home Insurance

4%

$59

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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